Skip to main content

About your Search

20121002
20121010
STATION
WUSA (CBS) 1
DATE
LANGUAGE
Search Results 0 to 0 of about 1
CBS
Oct 2, 2012 6:30pm EDT
.u. mark, thanks very much. spain is among europe's largest economies, but the government has borrowed so much money that it's been forced into huge spending cuts and layoffs to try to repay what it owes. one of the people working to rescue europe is christine lagarde. she's the head of the international monetary fund and one of the most powerful people in the world in finance. the i.m.f. is essentially a massive bank that helps countries manage debt and international trade. at her headquarters in washington, we asked lagarde about the spaniards like the ones you just met. >> i feel very bad and very sorry for the people, because i know how hard it is and i know how difficult it is for people who lose their job, for families who find it difficult to make ends meet. but equally i know that it's necessary. and it's a process through which countries have to go in order to restore their situation and be able to grow again and create jobs again. >> pelley: how long do you imagine the troubles in europe will go on? >> it has been going on for a long time. a lot has been done. you know, the euro
Search Results 0 to 0 of about 1